EUR/CAD – 1H – BUYThe combination Euro/Canadian Dollar (EUR/CAD) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 1.56615 is certain.
Caution: A possible counter-trend in the direction of the support line at 1.55861 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.57071 |
| 2nd High | 1.56811 |
| Next High | 1.56615 |
| Current Price | 1.56504 |
| Next Low | 1.55861 |
| 2nd Low | 1.55730 |
| 3rd Low | 1.55350 |
1.56615 – 1.56413 – 1.56811 – 1.55861 – 1.55730 – 1.55877
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Shooting Star